Samsung Launches Bitcoin Support For Galaxy Smartphones


The mass crypto adoption has been set as the main goal for 2019, and there have been a lot of efforts made in this direction.

Various important names such as tech companies entered the crypto space, and this only boosts the whole cryptosphere and the blockchain tech as well.

Now, Samsung made a move that will definitely boost the crypto space and support the mainstream adoption of digital assets as well.

Samsung introduces native support for Bitcoin on its smartphones

Samsung is working on introducing native support for Bitcoin on its smartphones which are powered by the blockchain technology.

The South Korean company’s decision to add Bitcoin functionality comes several months after the launch of the Galaxy S10 smartphone in March 2019.

Bitcoin support is currently available via the beta version of Samsung’s software development kit (SDK).

Samsung’s Blockchain Keystore allows users to store crypto straight on their smartphones by creating unique blockchain addresses.

The private keys that are belonging to user accounts will be residing in a secure enclave and various apps will be able to interact with Keystore, as reported by the online magazine the Daily Hodl.

This will allow users to make crypto transactions on their phones.

The online publication also reveals that Samsung’s notes say that Android devices are able to connect crypto addresses to the Blockchain Keystore, sign transactions and also check the Keystore status.

Project   Sketch 1 80 Conflicted copy from nicki’s MacBook Pro on 2019 01 17 1 668x442 - Samsung Launches Bitcoin Support For Galaxy Smartphones

This is in the works at the moment and software engineers can access the SDK via an application process only.

“Official version of Samsung Blockchain SDK will be announced by the end of 2019. In the meantime, developers can request a partnership to use the beta version of the Samsung Blockchain SDK.”

The Daily Hodl also writes that “The blockchain-related features on Samsung’s smartphones are available in a limited number of jurisdictions including the US, Canada, Germany, Spain, Switzerland, the UK, and South Korea.”

Coins Mentioned

BTC

Bitcoin

Icon
1xBit

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
BitStarz

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting industry....

Exchanges
Icon
CEX.IO

Read Review - Website

Icon
Coinbase

Read Review - Website

Icon
Binance

Read Review - Website

Casinos
Icon
7bitcasino

Read Review - Website

Icon
BitStarz

Read Review - Website

Icon
FortuneJack

Read Review - Website

Sportsbook
Icon
1xBit

Read Review - Website

Icon
Nitrogen Sports

Read Review - Website

Icon
SportBet.io

Read Review - Website

Trending news

thumbnail13 - Samsung Launches Bitcoin Support For Galaxy Smartphones

Trending news

Top Exchanges
Icon
CEX.IO

4.00

Read Review - Website

Icon
Coinbase

4.48

Read Review - Website

Icon
Binance

4.50

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Top Sportsbook
Icon
1xBit

4.03

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1672 Articles
7255 Followers